Evergrande shares at 'next-to-nothing' - BusinessMirror

Shares of some of China’s largest property developers are now considered “almost worthless” by a mutual fund that holds the assets. An exchange-traded fund run by HuaAn Fund Management Co. has assigned a value of HK$0.01 for each share of China Evergrande Group and Evergrande Property Services Group Ltd. in…

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